Charles Schwab · 3 months ago
Manager, ALM - Market Risk Modeling
Westlake, TX
Full-time
Hybrid
Mid Level
3+ years expCharles Schwab is a financial services company that empowers individuals to make an impact on their careers. The role of Manager, ALM - Market Risk Modeling involves optimizing the balance sheet through market risk modeling and collaborating with various teams to achieve risk-return optimization.
Financial Services
Responsibilities
Deploying vendor models and developing in-house quantitative models to support interest rate risk management within ALM team
Maintaining current automation framework written in Python as well as improving and adding new features to it
Collaborating with ALM analytics and other modeling team to achieve balance sheet management goals
Qualification
Required
Three years relevant experience or combination of time in post graduate studies
Degree in a quantitative field such as Applied Mathematics, Engineering, or Economics is desired
Expertise in general fixed-income security modeling and analytics
Strong background with yield curve modeling, including stochastic interest rate models as well as volatility models
Practical knowledge with modern technology stack including OOP, database, cloud platforms
Experience in building automation pipelines with Python/C++/C#/SQL
Preferred
Experience with interest rate risk management systems such as PolyPaths, Intex, Bloomberg, QRM, Calypso
Experience with Interest rate risk in the banking book, including NII and EVE simulations
CFA, FRM or PRM designations a plus
Benefits
401(k) with company match and Employee stock purchase plan
Paid time for vacation, volunteering, and 28-day sabbatical after every 5 years of service for eligible positions
Paid parental leave and family building benefits
Tuition reimbursement
Health, dental, and vision insurance
Company
Charles Schwab
We have plans for every turn you take.
10001+ employees
H1B Sponsorship
Charles Schwab has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (579)
2024 (468)
2023 (455)
2022 (705)
2021 (483)
2020 (282)
Funding
Current Stage
Late StageLeadership Team
J
Jim McGreevy
Senior Project Manager
Recent News
2025-10-04
Morningstar.com
2025-09-28
Company data provided by crunchbase